‘When the going gets tough, the tough gets going’, is the motto that Prateek Gattani, CEO, IDC Technologies swears by. Having successfully turned around this IT Services company which was running under heavy losses and was on the brink of closure to a $50 million premier technology services organization, he has clearly taken advantage of the current market scenario. The Global IT Services industry is expected to see tremendous growth during 2012-2017 with a CAGR of more than 5 percent and eventually reach $1.147 billion in 2017 as
IT spending in the healthcare, retail, and transportation sectors is increasing.

The time to be in the IT Services space is ripe indeed.
Founded in 2003 and being taken over by Gattani in 2007, the company today has established itself as a prominent player in the segments of IT Consulting, BPO Services, Remote Services and has also recently started operations in software services. With a wide range of skill sets and a flexible support network, IDC Technologies quickly and cost effectively supplies individuals or teams to client managed projects. Their services address specific needs of enterprise IT programs, or communications and Internet technology product development, and also engineering product design and data management. Their technology service offerings include application development, website design and development, E-commerce, search engine marketing services, and rich internet application among others.

The company that today employs over 1000 professionals globally and is a known name in North American markets has been through tumultuous times. Reeling under heavy debts, the company was taken over by a young and enterprising Gattani who invested close to two years in paying off vendors and other debtors. “It was not an easy journey and at several moments I wanted to quit,” reminisces Gattani. His risk paid off and IDC Technologies today is a $50 million company, which is an achievement since only about five percent of IT Services players in the U.S. market are in that segment.

Conquering New Markets